434 5TH AVE TOWNHOUSE

Remarkable opportunity to own 25ft wide, 2-unit commercial building along Park Slope's vibrant 5th Ave. 434 5th Ave is just 1 block from F,G,R subway lines and half a block from 9th Street. One can keep the building as is, earning a high income or redevelop into a mixed-use, condominium or rental property. The building can also be converted into 100% residential. Brownstone/Townhouse Condominiums trade between $1200-$1500 a square foot in the area. If converted into condos or rentals you have the zoning to add 5 additional apartments while keeping the ground floor as commercial, or 6 units if converted to 100% residential. Because of a shallow lot exceptions, you can have a building depth of 45ft which would allow for full floor 3 bedrooms or two 1 bedrooms on each floor. Currently 5th Ave Market & Deli occupies the ground floor and Kumon Learning occupies the 2nd floor.

Max buildable is 4500sft, excluding a finished cellar. For more information please reach out anytime.